Edge Of The Cliff
RealVision recently put together a compilation of several market pros’ views (including yours truly’s) regarding the very serious and unique risks investors face today. It’s now on YouTube so it’s…
Read MoreStocks Are More Than Twice As Highly Valued Today Than They Were In 1987 Before The Crash
Today is the 30th anniversary of the stock market crash of 1987 so I thought it might be interesting to compare today’s stock market to that earlier one. Using the…
Read MoreAccording To Warren Buffett’s Own Methods Stocks Are Not At All ‘Fairly-Priced Relative To Interest Rates’
Many people and pundits, including none other than Warren Buffett, continue to insist that stocks look fairly priced relative to interest rates. For the moment I will ignore the fact…
Read MoreHow The Popularity Of Passive Investing Precludes A Pleasant Outcome
One question passive investors may want to ask themselves today is, ‘When has any investment strategy become as popular as passive investing has today and also had a pleasant outcome?’…
Read MoreAll You Need To Know About The Fed In Just 2 Charts
The Fed was created in 1913 in response to the Panic of 1907. Its original mandate was to promote the sort of financial stability that would prevent or at least…
Read MoreStock Market Breadth Is Much Worse Than This Popular Measure Indicates
There are some strange things going on in certain breadth measures of the broad stock market right now. The most popular measure of market breadth has to be the NYSE…
Read MoreThe Great Equity-For-Debt Swap
There’s been a lot of attention paid to the amount of equity that has been removed from the markets by corporate takeovers and buyback programs. Bloomberg recently put the number…
Read MoreHave We Learned Nothing From The Financial Crisis?
One of the hottest ‘Trump triumph trades’ late last year was the financial sector. Banks stocks soared in the immediate aftermath of the election leaving some to question why they…
Read MoreThe Great Passive Investing Bait-And-Switch
One problem with “passive investing” (which I have argued is actually an oxymoron) is the fact that it’s systematically buys high and sells low. This is simply a product of…
Read MoreGot Gold?
While everyone pays such close attention to every tick of the stock market and the cryptocurrencies, gold has been quietly flying under the radar. Not many have noticed that it’s…
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